Housing Compact Plan The New York Housing Compact is a comprehensive plan to spur the changes needed to create more housing meet rising demand and make our state a more equitable stable and affordable place to live New York State is currently facing a severe once in a generation housing crisis
2023 State of the State Budget March 16 2023 Albany NY More Than 100 Organizations Endorse the New York Housing Compact Governor Hochul s Plan to Address New York s Housing Crisis February 15 2023 As part of her fiscal year 2023 2024 executive budget Governor Kathy Hochul released the details of the Housing Compact a robust statewide strategy to increase housing supply and combat exclusionary zoning with the goal of producing 800 000 new homes over the next decade
Housing Compact Plan
Housing Compact Plan
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In the FY 2023 State Budget the Governor introduced and successfully secured a 25 billion five year comprehensive housing plan that will increase housing supply by creating or preserving 100 000 affordable homes across New York including 10 000 with support services for vulnerable populations plus the electrification of an additional 04 20 2023 08 15 PM EDT NEW YORK A wide ranging suite of housing proposals including key tenets of Gov Kathy Hochul s signature plan to boost production is expected to be dropped
Governor calls plan bold and audacious Would add 800K units over a decade allowing NY s housing stock to catch up with its job creation Hochul argues Last month Gov Kathy Hochul told the The New York Housing Compact first announced in Hochul s State of the State address three weeks ago seeks to create 800 000 new housing units over the next 10 years at a cost of more than
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The Housing Compact faced considerable opposition from suburban lawmakers who framed the plan as a gateway to inner city culture and population density invading their communities The 2024 legislative session will test New York State s willingness to tackle one of its most debilitating problems But the chances of a major deal in Albany are mixed at best New Laws
Experts sound off on Gov Hochul s affordable housing plan 02 11 More details of the New York Housing Compact will be announced in the coming months as the state Legislature gets to work Her plan would compel every municipality to grow their housing stock and require those downstate to allow more housing near rail stations contributing to her goal of reaching 800 000 new homes
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https://www.governor.ny.gov/news/governor-hochul-announces-statewide-strategy-address-new-yorks-housing-crisis-and-build-800000
The New York Housing Compact is a comprehensive plan to spur the changes needed to create more housing meet rising demand and make our state a more equitable stable and affordable place to live New York State is currently facing a severe once in a generation housing crisis
https://www.governor.ny.gov/news/more-100-organizations-endorse-new-york-housing-compact-governor-hochuls-plan-address-new
2023 State of the State Budget March 16 2023 Albany NY More Than 100 Organizations Endorse the New York Housing Compact Governor Hochul s Plan to Address New York s Housing Crisis
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Housing Compact Plan - Over the last week the Democrat run legislature snuffed out Kathy Hochul s proposed housing compact which would have mandated downstate counties including those in the city add 3 percent to
